Ashmore Global Opportunities Ltd - Sale of Asset
17 April 2018 - 7:28PM
PR Newswire (US)
NOT FOR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED
STATES, CANADA,
AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO
WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH
JURISDICTION
Ashmore Global Opportunities
Limited ("AGOL")
a Guernsey incorporated and registered limited liability
closed-ended investment company with a Premium Listing of its US
Dollar and Sterling share classes on the Official List.
Sale of Asset
17 April 2018
The Board of Directors of the Company has become aware of the
sale of substantially all of the assets of Bedfordbury,
the Company’s largest asset, to which it has
an indirect exposure through its Fund investments.
The agreed price of the sale was marginally above the
latest valuation attributed to the asset by the Company. All
cash proceeds have been received by Bedfordbury, and it is
anticipated that cash will be upstreamed to AGOL via its Fund
investments during Q2 2018. The indirect exposure
to Bedfordbury represents just over 32% of the Company’s
NAV as at 31 December 2017.
All Enquiries:
Northern Trust International Fund Administration Services
(Guernsey) Limited
Tel: +44 (0) 1481 745001
Copyright l 17 PR Newswire
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